BCH/USDT – 30M – SELL

The combination Bitcoin Cash/Tether (BCH/USDT) jumps from the descending trendline down.

A continuation of the bearish trend down to the next support line at 511.2 is considered certain.

Caution: A possible counter-trend in the direction of resistance at 538 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which is often a bearish signal. The currency pair could go down.

And also a ‘Matching Low’ candle chart pattern is discovered. The candles show ‘Matching Low’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

538 – 536 – 540.8 – 511.2 – 521.8 – 523.2 —
529.000000000 – 524.300000000 —
38.192843590974 – 38.765329269994 —
– —
538 – 1770667200

Trading Signals: CRYPTO – BCH – BCH/USDT – USDT – Matching Low – – –